Want to see HK:6610 full AI Analyst Report?
Flowing Cloud Technology Ltd. (6610) AI Stock Analysis
Flowing Cloud Technology Ltd.
(HKEX:6610)
Low score primarily from poor financial performance with revenue declines, losses, and cash burn; unattractive valuation adds pressure, while short-term technical momentum offers minor support.
Flowing Cloud Technology Ltd. (6610) vs. iShares MSCI Hong Kong ETF (EWH)
- Market Cap
- HKD 101.42M
- Dividend Yield
- ―
- Average Volume (3M)
- 164.75K
- Price to Earnings (P/E)
- -0.3
- Beta (1Y)
- 1.18
- Revenue Growth
- -30.67%
- EPS Growth
- 8.70%
- Country
- Hong Kong
- Employees
- 82
- Sector
- Technology
- Sector Strength
- 61
- Industry
- Software - Application
Flowing Cloud Technology Ltd. Business Overview & Revenue Model
Company Description
Flowing Cloud Technology Ltd operates in China, providing intelligent marketing technology services. The company delivers standardized Software-as-a-Service (SaaS) marketing platforms, built upon cutting-edge capabilities including AR/VR engines, AI...
Flowing Cloud Technology Ltd. Financial Statement Overview
Summary
Weakening revenue, deteriorating margins to 12%, heavy losses, and negative cash flows are major concerns, partially offset by low debt and balance sheet stability.
Income Statement
20Very NegativeBalance Sheet
50NeutralCash Flow
15Very Negative| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 626.17M | 783.90M | 995.35M | 1.24B | 1.07B | 595.29M |
| Gross Profit | 120.02M | 152.32M | 200.04M | 420.72M | 374.00M | 175.52M |
| EBITDA | -190.55M | -297.57M | 1.89M | 321.39M | 297.30M | 133.44M |
| Net Income | -258.55M | -367.09M | -43.70M | 263.94M | 236.75M | 70.20M |
Balance Sheet | ||||||
| Total Assets | 1.53B | 1.58B | 1.77B | 1.72B | 1.53B | 583.51M |
| Cash, Cash Equivalents and Short-Term Investments | 37.20M | 62.05M | 167.12M | 335.90M | 407.96M | 214.28M |
| Total Debt | 104.64M | 117.14M | 89.69M | 98.39M | 85.89M | 28.06M |
| Total Liabilities | 427.45M | 465.94M | 387.51M | 269.04M | 302.05M | 136.94M |
| Stockholders Equity | 1.10B | 1.10B | 1.38B | 1.45B | 1.22B | 443.68M |
Cash Flow | ||||||
| Free Cash Flow | -48.31M | -198.39M | -156.48M | -112.04M | -210.56M | 6.76M |
| Operating Cash Flow | -47.75M | -197.88M | -117.60M | -52.61M | -155.50M | 24.48M |
| Investing Cash Flow | -7.01M | -50.52M | -48.20M | -18.80M | -224.01M | -16.90M |
| Financing Cash Flow | 67.26M | 151.66M | -4.89M | 458.00K | 574.26M | 102.68M |
Flowing Cloud Technology Ltd. Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:6610, the sentiment is Neutral. The current price of 0.78 is above the 20-day moving average (MA) of 0.76, below the 50-day MA of 0.80, and below the 200-day MA of 1.10, indicating a neutral trend. The MACD of 0.00 indicates Negative momentum. The RSI at 51.55 is Neutral, neither overbought nor oversold. The STOCH value of 51.18 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for HK:6610.
Flowing Cloud Technology Ltd. Peers Comparison
Overall Rating
HK:026872Outperform
HK:158867Neutral
HK:389662Neutral
HK:090946Neutral
HK:661044Neutral
HK:201342Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| 72Outperform | HKD 29.85B | 103.84 | 3.02% | ― | 16.98% | ― | |
| 67Neutral | HKD 1.39B | 13.08 | 9.51% | 10.38% | 21.19% | 19.81% | |
| 62Neutral | HKD 18.67B | -5.57 | -7.08% | ― | 35.32% | 74.56% | |
| Sector * | 61Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% |
| 46Neutral | HKD 1.27B | 45.36 | 0.55% | 14.39% | -5.95% | ― | |
| 44Neutral | HKD 100.55M | -0.31 | -23.42% | ― | -30.67% | 8.70% | |
| 42Neutral | HKD 2.70B | -6.31 | -13.18% | ― | 40.17% | 76.39% |
* Technology Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| HK:6610 | Flowing Cloud Technology Ltd. | 0.78 | -1.98 | -71.74% | |
| HK:0268 | Kingdee International Software Group Co | 8.51 | -6.60 | -43.68% | |
| HK:2013 | Weimob | 0.66 | -1.64 | -71.30% | |
| HK:0909 | Ming Yuan Cloud Group Holdings Limited | 0.69 | -2.51 | -78.34% | |
| HK:1588 | Chanjet Information Technology Co., Ltd. Class H | 4.32 | -4.19 | -49.29% | |
| HK:3896 | Kingsoft Cloud Holdings Ltd | 4.12 | -2.52 | -37.95% |
Flowing Cloud Technology Ltd. Corporate Events
Flowing Cloud Technology streamlines China subsidiary structure with capital injection and full control of unit
Flowing Cloud Technology Ltd. has completed a restructuring of its mainland subsidiaries that consolidates ownership of Beijing Zhongrunxing under Hangzhou Zhongrunxing, an indirect non-wholly owned unit of the group. The move follows a share repurch...
Flowing Cloud Technology Corrects Proxy Form Ahead of Capital-Raising EGM
Flowing Cloud Technology Ltd. has issued a clarification announcement regarding documentation for its extraordinary general meeting scheduled for 2 November 2026 in Beijing, after discovering that the ordinary resolutions in its original proxy form w...
Flowing Cloud clarifies future use of treasury shares after 2025 annual report
Flowing Cloud Technology Ltd. has issued a supplemental announcement to clarify the treatment of 59,100 treasury shares that arose from a June 2024 repurchase and subsequent share consolidation, previously disclosed in its 2025 annual report. The com...
Flowing Cloud seeks major capital boost via rights issue and share increase
Flowing Cloud Technology Ltd. has called an extraordinary general meeting for 2 November 2026 in Beijing to seek shareholder approval to increase its authorised share capital from US$50,000 to US$400,000, boosting the maximum number of shares from 25...
Flowing Cloud Technology Revises Timetable for Rights Issue and Board Lot Change
Flowing Cloud Technology Ltd., incorporated in the Cayman Islands and listed in Hong Kong under stock code 6610, operates in the technology sector and actively manages its capital structure through share-related corporate actions. Its shares trade in...
Flowing Cloud Technology Adjusts Board Lot Size and Delays Rights Issue Circular
Flowing Cloud Technology Ltd. has proposed changing its trading board lot size on the Hong Kong Stock Exchange from 1,000 to 2,000 shares, aiming to lift the value of each lot above HK$1,000 in line with HKEX guidance and to lessen the impact of mini...
Flowing Cloud Technology Further Delays Rights Issue Circular Dispatch
Flowing Cloud Technology Ltd., a Cayman Islands-incorporated technology company listed in Hong Kong under stock code 6610, is guided by a board that includes both executive and independent non-executive directors. The firm is currently preparing deta...
Flowing Cloud Technology Narrows Interim Losses Amid Sharp Revenue Decline
Flowing Cloud Technology Ltd. reported a sharp year-on-year decline in revenue for the six months ended June 30, 2026, with sales falling 41.4% to RMB223.6 million and gross profit dropping 40% to RMB48.4 million. Despite the weaker top line, the com...
Flowing Cloud Technology Revises Timetable for Major Rights Issue
Flowing Cloud Technology Ltd. has announced a revised timetable for its proposed rights issue, which will offer shareholders four rights shares for every one share held on the record date on a non-underwritten basis. The updated schedule reflects del...
Flowing Cloud Technology Delays Board Meeting to Finalize Interim Results
Flowing Cloud Technology Ltd. has postponed a scheduled board meeting originally set for 26 August 2026 to 31 August 2026, citing the need for additional time to finalize its interim results for the six months ended 30 June 2026. The delay also affec...
Flowing Cloud Delays Rights Issue Circular and Timetable
Flowing Cloud Technology Ltd. has announced a further delay in sending to shareholders a circular detailing its proposed rights issue, which offers four rights shares for every one share held on the record date on a non-underwritten basis. The circul...
Flowing Cloud Technology Sets Board Meeting to Review Interim Results and Dividend
Flowing Cloud Technology Ltd. has scheduled a board meeting for 26 August 2026 in Hong Kong to review and approve the group’s interim financial results for the six months ended 30 June 2026 and to decide on the publication of these figures. The...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 08, 2026